✳️ Phala Network Bottom Catch (400%-565% Profits Potential)

We are going to look at a very simple dynamic on this pair: Bearish wave low leads to a bullish wave.

Every single bearish wave low is followed by a bullish wave.
In both instances, October 2022 and January 2021, the first week is really strong, following the bearish wave low.

Currently, PHABTC is trading just above a new All-Time Low that hit this same week.
The ATL hit Monday (12-Feb.) and now we have a green candle.

The action moved above EMA10 which means that the bulls now have the upper-hand.
This is potentially a bottom catch... Ultra-low risk with a very high potential for reward.

Additional details on the chart.

Namaste.

Commentaire:

Bullish breakout confirmed.
More growth possible.

Enjoy the profits. 😊